业内人士表示，FISP平台构建了行业统一标准的数字化直销"新基建"，可系统性降低直销运 营成本，为中长期资金入市提供更好的支持，进而推动行业从"渠道依赖惯性"向"直销能力构 建"转型。 FISP平台运作管理办法发布 据悉，FISP平台是证监会授权中国结算建设并运营的行业性服务平台，基金管理人、基金托 管人应当接入FISP平台，并可借助FISP平台开展基金直销业务。中国结算将在证监会督促 下，持续做好FISP平台建设运营工作，不断优化完善平台功能，着力提升服务质量，切实为 广大机构投资者提供更加规范、高效、便捷、优质的服务。 FISP平台通过制定统一业务标准、对接多元主体、汇集行业直销力量，为各类机构投资者投 资公募基金提供集中式、标准化、自动化的"一站式"全流程数据信息交互服务，有效解决了 公募基金行业传统直销业务运营成本高、效率低、风险大等问题，有利于提高行业直销业务 服务水平，更好地支持各类中长期资金入市。 FISP平台的推出是公募基金行业数字化转型的重要一步。 【导读】 FISP平台上线，基金公司积极接入 中国基金报记者 方丽 陆慧婧 为贯彻落实《推动公募基金高质量发展行动方案》，进一步提升服务水平，日 ...

美联储料将降息25个基点 【导读】 美联储即将重启降息， 外资或加速流入中国股市 中国基金报记者 郭玟君 当地时间9月16日至17日，美联储将举行议息会议。目前来看，美联储重启降息几无悬念，这将是自2024年12月以来首次降息。 新的周期，机构投资者更关心哪些问题？全球资产配置策略应如何调整？就此，全球机构投资者展开了讨论。 9月12日，美国8月通胀数据及周度申请失业金人数公布，至此，美联储议息会议前关键经济指标已全部公布。从数据来看，通胀受到关税 政策推动，劳动力市场趋弱。 品浩（PIMCO）董事总经理兼经济学家蒂芙尼·威尔丁（Tiffany Wilding）发布研报称，美联储9月将降息25个基点，50个基点的降幅也 可能在讨论范围内。品浩维持全年累计降息75个基点的预测，核心CPI通胀率到2025年底或上升至3.3%左右。 保德信（PGIM）固定收益副主席、首席全球经济师兼全球宏观经济研究主管达利普·辛格（Daleep Singh）预期，美国的通胀率在2026年 前仍将维持在3%以上，美联储预计将以每次25个基点的渐进式步伐推进降息，直至在明年达到3.0%~3.5%的中性利率区间。 独立性面临挑战 美联储 ...

Core Viewpoint - The rise of public fund mini-programs in China is expected to lead to a stratified development pattern, enhancing user service and reducing reliance on traditional distribution channels [2] Group 1: Mini-Program Features and Trends - The popularity of fund mini-programs is increasing, with companies like E Fund launching features that support comprehensive operations for index products, linking various sales channels [4] - The current trend in the industry shows a focus on more segmented positioning and enhanced trading functionalities to simplify the investment process for users [4][5] - Numerous fund companies have launched mini-programs to meet the diverse financial needs within the WeChat ecosystem, with services ranging from investment advice to real-time market updates [5] Group 2: Pilot Programs for Fund Sales - Several fund companies have received pilot qualifications to conduct fund sales through mini-programs, marking a significant step in the practical implementation of "selling funds via mini-programs" [7] - This development is seen as a way to reduce dependence on distribution channels and lower transaction costs for investors, as they can now purchase funds directly through mini-programs without incurring distribution fees [8] Group 3: Complementarity of Mini-Programs and Apps - The operational costs of developing and maintaining mini-programs are significantly lower than those of traditional apps, making them a more attractive option for fund companies [10] - For most fund companies, especially smaller ones, mini-programs represent a cost-effective solution, while larger firms may adopt a dual approach, using both mini-programs for light engagement and apps for deeper service [10][11] - Mini-programs are viewed as complementary to existing apps, providing quick access and transaction capabilities, while apps offer more comprehensive features and services [11]

Core Viewpoint - The solid-state battery concept is gaining traction, leading to significant performance in battery-related thematic funds, with many products achieving nearly 50% returns this year [2][4]. Group 1: Market Performance - As of September 12, various lithium battery indices have seen substantial increases: lithium electrolyte index up 56.2%, energy storage index up 51.76%, solid-state battery index up 51.69%, lithium battery index up 49.95%, and power battery index up 49.82%, all reaching two-year highs [4]. - The performance of thematic funds related to lithium batteries has been impressive, with several ETFs, including those from Huatai-PineBridge, China Universal, and others, showing unit net value growth rates close to 50% this year [4]. Group 2: Factors Driving Growth - Three main factors are driving the strong performance of the lithium battery sector: unexpected growth in energy storage demand, accelerated industrialization of solid-state batteries, and overall improvement in industry profitability due to strong downstream demand [4][5]. - The capital expenditure in the lithium battery sector has rebounded, with a year-on-year increase of 36.6% in the second quarter, enhancing industry sentiment [5]. Group 3: Long-term Investment Value - The lithium battery sector is expected to have long-term investment value due to improved fundamentals, new technological catalysts, and relatively reasonable valuations [7][8]. - The industry is undergoing a "reshuffling," with leading companies solidifying their positions, and the global electric vehicle penetration rate remaining low outside of China, indicating potential for future growth in the Chinese lithium battery supply chain [8].

关于预制菜，信息需要更加透明，让消费者主动选择。预制菜的真正挑战不在于技术层面，而在于如何 建立起消费者的信任纽带。餐饮业发展，终究要服务于人。餐饮业发展，既要追求高效便捷，更要满足 公众吃得安心、吃得明白的刚需。这场讨论，要走向理性和建设性：以治理优化预制菜发展环境，推动 企业行为规范与消费者的知情选择。赢取公众信赖，行业发展才能有美好未来。 与其站队 66 7-4255 以下为全文： 连日来，预制菜话题"搅动"舆论场。此事引发全民关注，不仅在于它关乎日常餐饮，还关乎消费者的知 情权；不仅关乎某家企业，还关乎行业健康发展。在纷扰一时的热议中，与其站队，不如站"对"： 在"争锋"中凝聚共识，在热议中寻找治理良策。 如何更清晰界定预制菜标准？如何减少信息不对称？ 如何在便捷服务的同时确保餐饮品质？ 预制菜讨论中的3个如何，值得思考。 来源： 人民日报客户端 预制菜讨论，在交锋中抵达共识 人民日报客户端9月14日刊发《人民微评：预制菜讨论，在交锋中抵达共识》。 9月13日，新华社率先就预制菜问题发声： 全网刷屏！罗永浩和西贝"吵翻了"，新华社发声 ...

Core Viewpoint - The article discusses the impact of recent controversies involving the restaurant chain Xibei and its association with entrepreneur Luo Yonghao, highlighting a slight decline in customer traffic and sales, while also noting that some locations have seen an increase in foot traffic compared to the previous week [1][10]. Group 1: Customer Traffic and Sales Impact - Xibei's sales have reportedly decreased by 10% to 15% compared to the previous week, indicating a negative impact from the ongoing controversy [3]. - Despite the controversy, some customers remain loyal, with a significant portion of diners being families, suggesting that the brand still retains a core customer base [4][10]. - The article notes that while some locations experienced a decline in traffic, others reported an increase compared to the previous weekend, indicating mixed results across different stores [9]. Group 2: Operational Changes and Menu Adjustments - Following the controversy, Xibei announced a nationwide suspension of kitchen tours and the removal of the "Luo Yonghao menu" from its offerings [10][11]. - The store manager explained that the kitchen setup in the Shanghai location is older, with a visible cooking area, which is not the case for most of Xibei's newer locations [6]. - The article highlights the presence of frozen ingredients in the kitchen, including a controversial frozen broccoli product, which has drawn criticism due to its long shelf life [9].

8年规模增长近9倍 公募FOF发展前景广阔 中国基金报记者 李树超 自2017年9月8日国内首批产品获批至今，公募FOF已走过8年历程。 【导读】公募FOF获批八周年，规模增长近9倍 8年来，公募FOF产品数量和整体规模都显著增长，细分品类更加多元：既包括满足各类型日常理财需求的低、中、高风险普通FOF基金， 也包括目标风险、目标日期等养老FOF产品。 业内人士表示，公募FOF走过8年，规模增长、品类多元，业绩可圈可点，该类产品发展得益于多方面因素。未来要提升投研等产品服务能 力，长期投资业绩是核心。在多资产配置趋势下，我国FOF发展空间广阔。 规模增长近9倍 大类资产配置理念深入人心 天相投顾数据显示，截至今年二季度末，全市场519只公募FOF管理规模为1650.62亿元，与8年前首批6只FOF合计166亿元的发行规模相 比，增长近9倍。 "中国FOF产品8年来的发展可以概括为：起点很高、充满期待、快速冲高、经历阵痛、投资革新、浴火重生。"国泰基金多资产配置部负责 人曾辉称。 曾辉认为，三方面因素推动了FOF发展初期的快速增长：一是监管部门大力引导；二是头部机构高度重视和长期投入，全行业对FOF业务纷 纷布 ...

les & FR 点击下载中国基金报客户端 ■ 中国基金报内容矩阵 ■ 来源：新华社 巅峰对话 投资热点说 ETF风向标 IPO情报站 fe o 1 ■ a a - 444 and 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND 开盘速递 港股日报 全球早班车 数说人物 √ � [ 8 a 4 a g a d 4 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND ●微信搜一搜( 〔 〔 中国基金报 〕即刻获取财经资讯 今天（9月14日） 电影《731》发布全球上映海报 转发海报，铭记历史，奋勇前进！ EVIL UNBOUND 赵林山 导演作品 9月18日 9月18日 9月19日 11月 澳大利亚 新西兰 美国 加拿大 中国香港 中国澳门 韩国 Coming soon 新加坡 马来西亚 俄罗斯 英国 德国 法国 SSHA REENA 未满18周岁请谨慎选择观看 6 @七三一官方微博 每一道凝视 都承载着历史的记忆 每一个身影 都是那段暗夜的无声证言 揭开真相，守护记忆 让历史之重，化为前行之力 9月18日，相约影院 让和平的信念在全球 ...

Core Viewpoint - The article highlights a significant increase in the mid-term dividend scale of Chinese securities firms, with 28 out of 42 listed brokers planning to distribute a total of 18.797 billion yuan in dividends for the mid-term of 2025, marking an increase of nearly 40% compared to 2024 [2][4]. Group 1: Dividend Distribution - Among the securities firms, CITIC Securities leads with a proposed cash distribution of 4.298 billion yuan, marking its second consecutive year of mid-term dividends [4]. - Other notable firms include Guotai Junan with 2.627 billion yuan, and China Galaxy, Huatai Securities, CITIC Jiantou, and China Merchants Securities proposing distributions of 1.367 billion yuan, 1.354 billion yuan, 1.28 billion yuan, and 1.035 billion yuan respectively [4]. - Several firms, such as Hua'an Securities and Shanxi Securities, are announcing mid-term dividend plans for the first time, indicating a broader trend among brokers to enhance investor returns [4]. Group 2: Impact on Investor Experience - Analysts suggest that the increase in mid-term dividends is a response to improved profitability in the first half of the year and aligns with regulatory calls for better investor returns [5]. - The implementation of mid-term dividends is seen as a way to enhance investor experience and attract long-term investors, positively impacting the sustainability of the brokerage sector's market performance [5]. Group 3: Balancing Dividends and Business Development - A key issue arises regarding how securities firms can balance investor returns with their own funding needs for growth [7]. - Analysts emphasize that mid-term dividend amounts are typically based on half-year net profit and future earnings outlook, requiring careful consideration to ensure business expansion and risk management are not adversely affected [7]. - The article notes that while short-term capital consumption may be controlled, a stable dividend policy can enhance market pricing and refinancing capabilities, ultimately supporting business expansion [8].

Core Viewpoint - The A-share market has shown significant upward momentum, with major indices reaching multi-year highs, indicating a strong recovery and investor confidence in technology stocks [1][3][4]. Market Performance - The Shanghai Composite Index approached 3900 points, marking a 10-year high, while the Shenzhen Component Index reached over 13000 points, a 3-year high. Other indices like the ChiNext and CSI 300 also hit multi-year highs, with total weekly trading volume exceeding 11.63 trillion yuan for five consecutive weeks [1]. - Margin trading saw a net buy of over 523 billion yuan, more than doubling from the previous week, with a total margin balance reaching a historical high of 2.32 trillion yuan [3]. Sector Analysis - The electronics sector attracted over 693 billion yuan in net inflows, while machinery and equipment received over 284 billion yuan. Other sectors like computers, automobiles, and communications also saw significant inflows, with only banking and comprehensive sectors experiencing net outflows [4]. - Technology stocks regained prominence, particularly in the semiconductor sector, with storage chip indices reaching historical highs. Companies like Chunzong Technology and Shenghui Integration achieved consecutive trading limits and historical price highs [4][6]. Industry Trends - The storage chip market is expected to see a price increase in Q4, setting a positive tone for the spring market in 2024. Companies like Chip Origin reported a record high order backlog of 3.025 billion yuan, with a significant increase in new orders related to AI computing [6]. - The humanoid robot industry is accelerating commercialization, with companies like Shenzhen Huizhi and Zhiyuan forming strategic partnerships, and IDC predicting a substantial increase in sales volume by 2030 [8]. Future Outlook - The market is expected to maintain a V-shaped recovery trend, with a focus on growth-oriented technology stocks and sectors supported by strong performance metrics. The emphasis will be on sectors with high elasticity and catalysts for growth [8].